ARU 0.00% 16.0¢ arafura rare earths ltd

Media Articles, page-46

  1. 6,346 Posts.
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    Yes Albous. Although I feel the dogs tail will be wagging madly soon.

    All things being equal - ECE sell off to be completed this week - into 4th week since ann with 40 million remaining. They have been averaging 10 million a week in first 60 million sells. That could well pave the way for final offtake ann and finance by end of June - perhaps any day. Shorters chart looking a little anxious - stuttering now but still near highs - expect they are conscious of the above mentioned and well worth following next couple of weeks as ECE gone - volumes drop - TH - ann's pending - well - in theory anyway.

    PrNd pricing remains unchanged again today over at SMM. I interesting article there today regarding IEA (International Energy Agency) to implement a benchmark for EV raw materials imports by late 2023. PrNd not mentioned specifically but must be high on the radar - mentions battrey minerals. Goes on to say they need to shift reliance on one major supplier for those minerals - well PrNd is a major requirement so expect that to be inclusive when final launch announced.
    More volume today after yesterdays ASX close. Bring on Friday - surely the end of ECE (engaged seller) filling the sell side and playing with the trading volumes/daily shorting and the insto's pushing the SP lower as they fill their bags.

 
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Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $383.8M
Open High Low Value Volume
16.0¢ 16.5¢ 16.0¢ $146.4K 909.6K

Buyers (Bids)

No. Vol. Price($)
22 924074 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 713154 20
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Last trade - 16.10pm 26/08/2024 (20 minute delay) ?
ARU (ASX) Chart
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